India freaks out over U.S. plans to change high-skilled visas

[northernladyuk]

Well, if we're outsourcing to India, The Donald might outsource to us

The UK will be well positioned post-Brexit selling in GBP.

[vetran]

Do you think the likes of Google are using a lot of dirt cheap labour from India so that they could save money on top US/World talent?

no but loads of others who believe IT is not core to their business are.

[LondonManc]

Do you think the likes of Google are using a lot of dirt cheap labour from India so that they could save money on top US/World talent?

Do you think Google are the only tech company in Silicon Valley?

[BrilloPad]

Trump gets tough on offshoring. Next is the IBs conducting so much business in London that could be done in NY.

[sasguru]

RACIST!

It would be if I was talking about Indians, but I'm not. I'm talking about certain companies, like TCS and Infosys. So at worst, I'm companyist.

If we got the cream of the Indians who go to America , as opposed to the 2nd raters who do drudge work for the likes of Tata and InfoSys, it would be good for the economy as a whole.
On the other hand, some of the native CUK cretins wouldn't get a look in, if highly skilled competition increased.

More than just Pichai and Nadella: Indians now the biggest power players in silicon valley

[sal]

Shares in Tata Consultancy Services (TCS), India's biggest private sector employer, plunged more than 5% on Mumbai's stock exchange, while other top firms like Infosys (INFY) and Wipro (WIT) fell by more than 4%.

I wonder if the Trump bought some cheep shares only to sell them back after the rumor is initially dispelled and them still implement the changes...

[scooterscot]

That explains why my altcoins have skyrocketed recently.

Made a 27% gain in the last week alone

[sasguru]

Trump gets tough on offshoring. Next is the IBs conducting so much business in London that could be done in NY.

I think you're right.
He's already said manufacturing outside the US will incur tariffs.
Why not say profits made by US banks in London will incur the same?
It looks like his basic strategy is to tax US firms more highly if they provide jobs abroad rather than the US.

[woohoo]

If we got the cream of the Indians who go to America , as opposed to the 2nd raters who do drudge work for the likes of Tata and InfoSys, it would be good for the economy as a whole.
On the other hand, some of the native CUK cretins wouldn't get a look in, if highly skilled competition increased.

Hopefully, they may head to Germany give us CUK cretins a chance.

[scooterscot]

Hopefully, they may head to Germany give us CUK cretins a chance.

The need *real* skills in Deutschland.